Soil Global Realty
Compliance & Legal

How does RESPA apply to referral fees — am I at risk of violating federal law?

RESPA (Real Estate Settlement Procedures Act) allows licensed real estate agents to earn referral fees from other licensed agents. This is legal and standard practice.

What RESPA prohibits is accepting referral fees from settlement service providers like mortgage lenders, title companies, or home inspectors for steering clients to them. As long as your referrals are agent-to-agent (which they are at Soil Global), you're operating within RESPA guidelines.

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Related Questions

Am I liable if a referral goes bad — the agent does a terrible job or the deal falls apart?Do I need Errors & Omissions (E&O) insurance as a referral-only agent?Do referral fees need to be disclosed to the consumer?What does the referral agreement look like, and what should I watch out for?
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